Ford Reports Better-Than-Expected Financial Results
As recently as three months ago, Ford was tempering its financial reporting with the realities of the semiconductor shortage. However, the automaker has managed the shortage well and as a reult of a strong order bank, and its new models Ford has reported better-than-expected results
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Having painted a rocky picture of its earnings and profit due to the ongoing chip shortage that caused the automaker to cut back on its production, idling assembly plants, including those that built its bread-and-butter pickup and SUV models, Ford has turned things around led by a strong order bank and an improving semiconductor chip outlook.